Financial Associated Press (Shenzhen, reporter Zhou Xiaoya) news, the day after the National Day holiday, Wang Yawei became one of the points of concern, and this stemmed from a cancellation information on the official website of the China Foundation Association.
According to the official website of the China Foundation Association, Qianhe Investment Co., Ltd., which is a legal person and general manager of Wang Yawei, has taken the initiative to cancel it on September 26, 2021, and there has been a lot of discussion for a while.
What exactly are the facts? Was it the poor performance that led to the write-off? It turned out to be a false alarm for the public. As we all know, Wang Yawei was once the deputy general manager of Huaxia Fund, and after the "public run to private" in 2012, he established the first private equity fund Qianhe Investment. However, Qianhe Investment is not a well-known securities private equity fund, Qianhe Capital, but its holding subsidiary. Wang Yawei is still the legal person and chairman of Qianhe Capital.
Once publicly recruited a brother's every move to attract attention
According to the official website of the China Foundation Association, Qianhe Investment has a registered capital of 50 million yuan, which belongs to private equity and venture capital fund managers, and was established on July 11, 2013. As the first private equity investment platform established after "Private", Wang Yawei served as the legal representative, general manager and executive director of Qianhe Investment, and Liang Tianshui served as the person in charge of compliance risk control and the person in charge of information filling.
Judging from the information of the investors, Qianhe Investment is a holding subsidiary of Qianhe Capital, and the subscription ratio of Qianhe Capital is 98%, and the other 2% of the funds are subscribed by Wang Youxiang.
As of the time of cancellation, Qianhe Investment's liquidated products had 3 special account products of fund subsidiaries, namely The Swiss Yuan Qingfeng Special Asset Management Plan, the Ruiyuan Qianhe Qingfeng No. 2 Special Asset Management Plan, and the China Railway Baoying Xiangyun No. 5 Asset Management Plan, and the filing time of the above products was between 2015 and 2016.
Since the establishment of Qianhe Investment, he has participated in many foreign investments such as Shanghai Heze Asset Management, Shanghai Xiheng Asset Management, Shanghai Fuyinsen Network Technology, Beijing Huatuo Driving to Network Technology, Caixin Media, and Beijing Weichuang Futong Internet Investment Center. There is no preference in industry selection, and it is widely distributed in media, transportation, manufacturing, medicine, beverages, etc.
Another actual control fund changes the legal person, what is the intention
Among the above-mentioned foreign investments, the recent industrial and commercial changes of Shanghai Xiheng Asset Management have also attracted market attention.
According to public information, Shanghai Xiheng Asset Management was established on July 7, 2015, with business types including private equity investment funds and venture capital funds, with a registered capital of 10 million yuan, and a total of 15 funds currently under record and management, and the management scale range is also 1 billion to 2 billion yuan.
From the perspective of the shareholder structure of Shanghai Xiheng Asset Management, Qianhe Investment subscribed to contribute 9.9 million yuan, accounting for 99%, and the other investor was Wang Jingxuan, the company's original legal person, who contributed 100,000 yuan. In fact, the company is also Wang Yawei's real controlling investment fund, with a shareholding ratio of about 87.32%, serving as the general manager of Shanghai Xiheng Asset Management.
Since the beginning of this year, Shanghai Xiheng Asset Management has issued two industrial and commercial changes in succession, in late May, the company changed the legal representative, from Wang Jingxuan to Liu Jiao, and then in mid-September for the record of supervisors, Wang Jingxuan became the company's new supervisor, and Zhang Zuquan withdrew.
For the company's legal person change, the market has a view that speculation that the "Qianhe system" is intended to be on the new third board. Looking at Liu Jiong's past experience, he worked for Huaxia Fund and Changsheng Fund from October 2012 to October 2014, as a salesman and researcher respectively; then "public and private", as a partner of Beijing Origin Voyage Investment; in May last year, he officially joined Qianhe Investment.
Previously, market reports mentioned that during the tenure of Changsheng Fund, Liu Jiong began to study the New Third Board, including market conditions, fundamentals of listed companies, trading strategies, policy implications, etc.
At that time, compared with other ways, the New Third Board had a low threshold for enterprise listing and a convenient process, which attracted the attention of a large number of enterprises. At the same time, many of these enterprises are innovative enterprises with the genes of the Internet era and leading the transformation of the industry. Therefore, under the role of capital for profit, many institutional investors have focused on companies that have plans or may be listed on the New Third Board.
Liu Jiong realized this trend, and the focus of his work began to shift to the primary market, adding Origin Capital, and then entered Qianhe Capital.
Since the announcement of the establishment of the Beijing Stock Exchange on September 2 this year and the rapid industrial and commercial registration of the Beijing Stock Exchange on September 3, the current work has progressed as scheduled, and various institutions are ready to go. The Beijing Stock Exchange is also considered to be the biggest historic opportunity for China's capital market since the establishment of the Shanghai and Shenzhen Exchanges.
Once a "fund brother", now okay?
In the face of the historical opportunities of the Beijing Stock Exchange, Wang Yawei will lead Qianhe Capital to respond, and the market will continue to pay attention.
As early as the early stage of the development of the fund industry, Wang Yawei was once the focus of the market, and was called "a brother of funds" by Jimin. From January 2006 to May 2012, he managed the public offering product Huaxia Large Market Selection, which created a cumulative performance of 1195.25% in six and a half years, with an average annual compound return of 50%. And four of them ranked in the top three in the industry for four years.
Behind the eye-catching performance, he was a science champion in the college entrance examination in his early years, admitted to Tsinghua University, and joined an investment company under CITIC after graduating with a double degree. Subsequently, he served as the head of investment research of Huaxia Securities Dongsi Business, and later followed the head of the sales department to participate in the establishment of Huaxia Fund.
In 2012, Wang Yawei announced his resignation, and then embarked on the road of "public and private" and began to invest in the secondary market, and Qianhe Capital was established in September of the same year. At that time, market news said that the fundraising threshold for his first product was as high as 10 million yuan, and subscribers needed to issue ten times more financial asset certificates than this, but the market investment heat did not decrease.